#15 - Waste to Wealth: Unlocking Hidden Business Potential

 

Waste to Wealth: Unlocking Hidden Business Potential

In the world of business, the formula for profit is often explained in three simple ways:

1. Increase sales.

2. Reduce expenses.

3. Reduce waste.

The first two are well-known strategies—and most businesses already work on them consciously. But the third, reducing waste, is often overlooked or limited to surface-level actions.

When we think of reducing waste, we usually imagine changing manufacturing methods, redesigning products, or streamlining operations. But what if we could take it a step further? What if waste itself became a source of value—transformed into new products, or sold in a form that fetches a better price?

#14 - Growth of allied occupations

 

Growth of allied occupations

The growth of major industries or industrial establishments often leads to the growth of related industries or allied occupations. 

During my last visit to the International Pigeon Exhibition, at Thrissur, Kerala, I noticed some banners that caught my attention. These banners were advertisements of companies that transport pet animals from one place to another.

For people who live in rented houses, keeping pets can be a major hassle, especially when they need to relocate due to a job change. The banner ads offered a solution to this problem. These companies offer services to transport pets safely and securely to the new location, ensuring their safety until our new home is ready.

Another common concern among pet owners is who will take care of their pets when they need to be away from home for a day or more. To address this, there are caretaker organizations for pet animals. These organizations offer a range of services, from taking care of dogs and cats to caring for fish. For an additional cost, pet owners can even see and speak (!!!) to their pets via video calls on a daily basis.

This type of service is reminiscent of the old practice of handing over cows and goats to neighbors and asking them to milk them when the owner had to leave home. However, finding someone to care for cows and goats nowadays can be a daunting task.

Lastly, if you are considering raising an elephant, finding a similar type of facility may be a bit more difficult!

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Note: The views expressed in this blog are entirely my personal opinions and do not represent the official stance or views of any organization or entity I am associated with. If any content here violates any rules or regulations of any nation, it will be promptly removed. For such concerns, please communicate them to 13hareesh13@gmail.com.

#13 - Marketing Methods - Visiting Business Exhibitions

Marketing Methods - Visiting Business Exhibitions

ബിസിനസ്സ് എക്സിബിഷൻസും മാർക്കറ്റിംഗും തമ്മിലുള്ള ബന്ധമെന്താണ് ? ഇതുകൊണ്ട് എന്ത് ഗുണമാണ് നമ്മുടെ ബിസിനസ്സിന് ഉണ്ടാകുക ?

#12 - Expanding of business - horizontally and vertically

Expanding of business horizontally and vertically

Business models and strategies followed by various business organizations can be easily copied and applied to public sector organizations. However, some intrapreneurs are needed to implement them effectively.

#11 - Nurturing the Next Generation

Nurturing the Next Generation

There is a growing concern about the lack of young talent available for shop-floor jobs. While the number of engineers continues to rise, there is a noticeable shortage of technicians.

#10 - Related to KPSU's - Kerala Paper Products Ltd (KPPL) - Raw material Sourcing

Related to KPSU's 

Kerala Paper Products Ltd (KPPL) - Raw material sourcing

Kerala Paper Products Ltd (KPPL) is a Government of Kerala Organisation. This blog is related to the sourcing of raw material for paper production.

#9 - Marketing Methods - Discussions with Vendors

Marketing Methods - Discussions with Vendors

Good Vendors are the backbone of any industry. Is there any thing that vendors can do with the marketing efforts of an organisation?